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  • май 2, 2023
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Monaco, wealth and luxury on a small piece of land

Monaco is a small city-state located on the French Riviera, known for its luxury, glamour, and high-end lifestyle. With a population of around 40,000 people, Monaco is the second smallest country in the world after Vatican City.

Monaco is famous for its wealth and luxury, and it’s a popular destination for the rich and famous. The city-state is home to some of the most expensive real estate in the world, and its residents enjoy a tax-free lifestyle. Monaco is also known for its high-end shopping, with stores like Gucci, Prada, and Cartier lining the streets.

The Monte Carlo Casino is one of Monaco’s most famous landmarks and a symbol of the country’s opulence. The casino attracts high rollers from around the world and has been featured in many films and television shows.

Despite its small size, Monaco is also home to a number of cultural attractions, including the Prince’s Palace, the Oceanographic Museum, and the Monaco Grand Prix, one of the most prestigious Formula One races in the world.

Overall, Monaco is a unique destination that offers visitors a glimpse into the world of luxury and wealth, as well as a taste of the Mediterranean lifestyle.

 

Kingdom of Monaco and the most expensive properties there.

The Principality of Monaco, also known as the Kingdom of Monaco, is a city-state located on the French Riviera. Despite its small size, it is one of the wealthiest countries in the world, and it’s famous for its high-end real estate market.

Monaco has some of the most expensive properties in the world, with some apartments and villas costing tens of millions of dollars. One of the most expensive residential buildings in Monaco is the Tour Odeon, a luxury skyscraper with 70 apartments, a private health club, and a spa. The penthouse of the building was sold in 2019 for a record-breaking $330 million, making it the most expensive apartment in the world at the time.

Another famous property in Monaco is the Villa Les Cèdres, a historic mansion located in the exclusive Saint-Jean-Cap-Ferrat neighborhood. The villa was built in 1830 and was once owned by the King Leopold II of Belgium. In 2017, it was sold for $300 million, making it one of the most expensive homes ever sold.

Other high-end properties in Monaco include the One Monte-Carlo, a luxury development with 37 apartments and a shopping center, and the La Belle Epoque, a mansion located in the exclusive Larvotto neighborhood.

Overall, Monaco’s real estate market is highly competitive, with a limited supply of properties and high demand from wealthy buyers. As a result, prices for luxury properties in Monaco are expected to remain high for the foreseeable future.

 

Where to stay in Monaco during my holiday.

Monaco offers a range of accommodation options for visitors, from luxurious hotels to more affordable guesthouses and hostels. Here are some options to consider when planning your holiday in Monaco:

  1. Hotel de Paris Monte-Carlo – This iconic hotel is located in the heart of Monaco and offers luxurious rooms and suites, as well as a range of amenities, including a rooftop pool, a spa, and several restaurants and bars.
  2. Fairmont Monte Carlo – This upscale hotel overlooks the Mediterranean and features stylish rooms and suites, as well as a rooftop pool, a fitness center, and several dining options.
  3. Hôtel Hermitage Monte-Carlo – This historic hotel is located in the heart of Monaco and features elegant rooms and suites, as well as a rooftop terrace, a spa, and several restaurants.
  4. Novotel Monte Carlo – This more affordable option is located in the center of Monaco and offers modern rooms, a fitness center, and a rooftop pool with panoramic views of the city.
  5. Hostel Monaco – This budget-friendly hostel is located in the heart of Monaco and offers dormitory-style rooms with shared bathrooms, as well as a communal kitchen and lounge area.

No matter where you decide to stay in Monaco, you’ll be able to enjoy the city’s many attractions, from its world-class restaurants and high-end shopping to its cultural landmarks and stunning natural scenery.

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